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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (76244)	7/11/2000 4:51:22 PM
From: foundation	Read Replies (1) \| Respond to of 152472

"An average cost basis of 40 (as opposed to 60) would make a huge difference in my longterm returns." ---------- Jacob - Although I see Spring 2001 as the time for Q to bloom, there are possible news releases that would ramp it 50% on any day (regardless your analysis, with which I am basically in accord), so my strategy is to add small lots every 5 points down. (Q is now about 50% of my account.) By January 2003, I see QCOM at full Gorilla status, with a corresponding stock price roughly quadruple your target. With my perspective, buying at 40 versus 50 is irrelevant. At 40, I will literally pee my pants as I fill my remaining pockets with shares. regards and luck, blg